Skip to content
← Share and support customer ideas for Xero

Settings and activity

1 result found

  1. Manual Journals - Journal in foreign currency and see FX rate on journal

    376 votes

    We're glad you're here

    Please sign in to leave feedback
    Signed in as (Sign out)
    Close
    Close

    We’ll send you updates on this idea

    97 comments  ·  Reports & tax » Manual journals  ·  Admin →
    How important is this to you?

    We're glad you're here

    Please sign in to leave feedback
    Signed in as (Sign out)
    Close
    Close
    submitted  ·  AdminKelly Munro (Community Manager, Xero) responded

    Hi community, first off thank you for contributing and detailing why posting manual journals in a foreign currency is of interest to you all.

    We appreciate our customers would like to see more capability in accounting for and dealing in foreign currencies across Xero.

    In it's current form Manual Journals are a part of Xero that require some upgrade to uplift technology in order to provide capability for ideas like this to be considered. We have intentions of bringing attention to this over the coming year, however getting this done first is necessary before we can even think about adding newer functionality like journaling in another currency to the mix.

    To set the expectation here, there is no work planned over 2023 for this feature. We know it's of high interest and when we're in a place to reassess we will share with you here.

    An error occurred while saving the comment
    Jeroen Vaassen commented  · 

    I totally understand. We run a multi-currency operation and would also need to add (repeating) manual journals in a currency other than our base currency.

    Not having this functionality will significantly affect how we work, adding a lot of manual effort for our Finance team. Apart from efficiency concerns, this also increases the risk of errors due to manual interventions.

    It would therefore be a critical feature for us to have and frankly something we would expect from a system that offers multi-currency operations.

    Jeroen Vaassen supported this idea  ·